Ehh...if you read the methodology, you'll notice there is a lot of jiggery pockery going on with this brand spanking new system that ranks third world countries much higher than traditionally. They're not comparing the size of the economies, but the purchasing power within the economy.

Which is fine--superficially, at least. But if you're going to say that a Chinese person with $1,000 can buy almost as much stuff as an American with $1,000 and therefore the Chinese economy is almost as big as America's, then you have to find a way to take into account that far more Americans than Chinese have $1,000. They don't do that.

This reminds of the Thomas L. Cooley law school ranking system that, entirely coincidentally, ranks Thomas L. Cooley number 2 in the nation. Ahead of Yale.